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307 E Acacia Ave
For Sale $1,150,000 ($676.47 per Sq Ft)
$1,150,000 ($676.47 per Sq Ft)
- 4 Bedrooms
- 2 Bathrooms
- 1,700 Sq Ft
- 3,236 Sq Ft
Description
Being sold for COMMERCIAL VALUE of GLC3 zoning FOR DEVELOPMENT OPPORTUNITY of 10,551 SQ FT. Perfect opportunity to develop in the City of Glendale bustling investment activity. Unique Multi-Use location to develop Commercial component on ground floor and Residences above or 100% Residences or 100% Commercial (agents read private remarks for possible setback changes). With over 5,000 luxury apartments recently completed, Glendale's submarket commands the highest multi-family rents in the San Gabriel Valley where occupancy is above 97% at the moment. The parcel is strategically located between 2 streets with extraordinary daily commuter traffic, Brand Blvd and Glendale Avenue, and within 1 mile from The Americana at Brand connecting busy restaurants and major businesses along the way. With prime location and opportunity to attract neighboring tenants and businesses from adjacent Los Feliz and Atwater Village. SEE SUPPLEMENTS FOR PROPOSED PLANS AND OFFER MEMORANDUM. Buyers to do their own due diligence on development and proposals.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,150,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 1,700 |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1899 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 5641016021 |
| MLS # | SR24173162 |
| Property ID | 292808144 |
| Lot Sqft | 3,236 |
| Zoning | GLC3* |
| Total Units | 1 |
| Days on Market | 122 |
| Original List Price | $1,300,000 |
| Date Updated | October 14, 2024 |
| Date Created | August 22, 2024 |
Listing Provided By
Cynthia Bedoy an agent of . Lic #01759653
© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of October 14, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT